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Of the transactions described below, which is a primary market transaction? O IBM issues 2,000,000 shares of new stock and sells them to the public

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Of the transactions described below, which is a primary market transaction? O IBM issues 2,000,000 shares of new stock and sells them to the public through an investment banker. . You sell 200 shares of IBM stock on the NYSE through your broker. Q You buy 200 shares of IBM stock from your brother. The trade is not made through a broker; you just give him cash and he gives you the stock. O One nancial institution buys 200,000 shares of IBM stock from another institution. An investment banker arranges the transaction. O IBM sells 2,000,000 shares of treasury stock to its employees when they exercise options that were granted in prior years

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